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the biggest winner on word of a potential settlement, bank of america. its shares added a quarter, to $11.60. it was the biggest winner on the dow this year. some positive analyst comments on facebook sent shares higher. b.m.o. capital says it's doubling its price target to $32 a share. it says facebook may benefit from a pick up in ad spending. facebook added $0.70 to $26.60. it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games from its library as part of its cost-cutting plans. shares of zynga were up just $0.03 to a little more than $2, well below their $10 i.p.o. price from last december. cal-maine foods slipped nearly 10% after the egg producer reported a drop in prices and higher feed costs. shares were down more than $4 to $40. oliffs natural resourd tkeac n some decent gains on the back of some positive manufa
the biggest winner on word of a potential settlement, bank of america. its shares added a quarter, to $11.60. it was the biggest winner on the dow this year. some positive analyst comments on facebook sent shares higher. b.m.o. capital says it's doubling its price target to $32 a share. it says facebook may benefit from a pick up in ad spending. facebook added $0.70 to $26.60. it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are...
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>> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news america." >> hello and welcome to "bbc world news." a very happy new year 2013. it is already a first of january were you are, this is the greek capital and they're celebrating going around the acropolis. various time zones are coming into the year 2013 and we will keep you up-to-date. not a lot to look at their in athens but we will show you the scene in capital across the next few hours on bbc. there is still a lot of work going on on capitol hill. president obama said a deal is in sight to stop america going over the so-called fiscal
>> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and...
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this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. >> bret: looking live at capitol hill. you see the dome light at the top of the call to dome. that means that congress is in session. they are trying to get legislation moving on the senate floor. technically tonight the u.s. goes over the fiscal cliff. we'll talk about that and we'll have details with the panel coming up. this, of course, is new year's eve. the last day and night of 2012. hundreds of thousands of revelers around the globe expected to cram in new york city times square to see the ball drop and ring in 2013. you are looking live there at times square. ray kelly says
this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle....
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>> and now, "bbc world news america." >> hello and welcome to "bbc world news." a very happy new year 2013. it is already a first of january were you are, this is the greek capital and they're celebrating going around the acropolis. various time zones are coming into the year 2013 and we will keep you up-to-date. not a lot to look at their in athens but we will show you the scene in capital across the next few hours on bbc. few hours on bbc.
>> and now, "bbc world news america." >> hello and welcome to "bbc world news." a very happy new year 2013. it is already a first of january were you are, this is the greek capital and they're celebrating going around the acropolis. various time zones are coming into the year 2013 and we will keep you up-to-date. not a lot to look at their in athens but we will show you the scene in capital across the next few hours on bbc. few hours on bbc.
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i will do anything and i did what good happened in america this year what good happened in america the economy looks like it may be kind of incrementally just a little bit possibly moving into a positive direction as well who for we have moved and you're talking about like unemployment your time unemployment because the rich are quite safe and happy and found that yes while the rich keep getting richer and the poor keep getting poorer but that's the way of things. the economy in terms of housing starts and construction is a you know the base of the american economy when you get people working and unemployment is coming down so that's that's a minor bright kind of light in the in the far far distance kind of news with any hope in france. actually yes the thing about the trolls is even though we complain about our government we complain about the economy it's it's every it's a big country it's a solid country it's got strength it has got international companies that export yes it's got an agricultural agriculture sector which if you look at sort of general figures total figures is the se
i will do anything and i did what good happened in america this year what good happened in america the economy looks like it may be kind of incrementally just a little bit possibly moving into a positive direction as well who for we have moved and you're talking about like unemployment your time unemployment because the rich are quite safe and happy and found that yes while the rich keep getting richer and the poor keep getting poorer but that's the way of things. the economy in terms of...
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next up, bank of america. the financial stock hands down the best performer in the dow this year, surging 109%. hold 'em or fold 'em. tim? >> you have to hold 'em. the thing that's not understood by people is that the trading part of this story, everybody recognizes the commercial banking story has gotten better. how about trading this? how about investment banking? this is something that's been a total head wind. and the fundamentals have been priced into these stocks that, say, they're not going to make money again. bank of america's got a big franchise. they told merrill lynch over five years ago. i would say long this name. >> and finally, the refiner tesoro, up 88% this year. grasso? >> they don't show that they missed this type of a rally. i think they're going to come under pressure, though, so, i fold. >> nice and strong, all of you. >> wow. >> gold stars for everyone. except for guy. >> i never get one. >>> coming up, market predictions. our traders tell you how to attack the new year. but first, jane
next up, bank of america. the financial stock hands down the best performer in the dow this year, surging 109%. hold 'em or fold 'em. tim? >> you have to hold 'em. the thing that's not understood by people is that the trading part of this story, everybody recognizes the commercial banking story has gotten better. how about trading this? how about investment banking? this is something that's been a total head wind. and the fundamentals have been priced into these stocks that, say, they're...
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of kartika in north america thank you very much. ok let's wrap up with loose change because dimitri yesterday we wanted to do the instagram story because everyone was abuzz over changes that were announced to their terms of use which suggested that the photo sharing service could use photos of the users in ads well they faced a total backlash and now they're saying. that they will not be using an instagram like you see there in any of their ads they said that they'll change that language because they face so much opposition dimitry are you terribly disappointed because i could see that being a very valuable to some kind of company who wanted a great face to advertise some kind of prozac for anti anger and anxiety medication maybe. something. why don't we have a feeling of. should be a prozac commercial you know wouldn't bird flying through thing. i don't know if i had a veteran. i am loathe to discover that. that instagram will not be using our images are all right now because i know he drives the folks were all up in arms but you k
of kartika in north america thank you very much. ok let's wrap up with loose change because dimitri yesterday we wanted to do the instagram story because everyone was abuzz over changes that were announced to their terms of use which suggested that the photo sharing service could use photos of the users in ads well they faced a total backlash and now they're saying. that they will not be using an instagram like you see there in any of their ads they said that they'll change that language...
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america's economy held hostage gips at 6:00 p.m. eastern time tonight. >> indeed it does. >>> also insiders view now it is a fact we are going over the cliff. what does it mean when we start trading on wednesday? >>> when we come back, a couple of technology pros gaze into their crystal balls this new year's eve. one of them thinks facebook will buy netflix and microfox will take over research in motion. oh, yeah? we'll talk about that coming up. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "na
america's economy held hostage gips at 6:00 p.m. eastern time tonight. >> indeed it does. >>> also insiders view now it is a fact we are going over the cliff. what does it mean when we start trading on wednesday? >>> when we come back, a couple of technology pros gaze into their crystal balls this new year's eve. one of them thinks facebook will buy netflix and microfox will take over research in motion. oh, yeah? we'll talk about that coming up. [ male announcer ] at...
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recorded a bit earlier people are talking to us now we've got more on what's ahead for america after the break plus the plan for a round two is repairs to change president suspects story over the next year as well as in and they said right here on our team from moscow live in our new studio stay with us. if you just saw often enough and knows that to ride a horse you've got to catch it first. for him it's a daily routine that you're soft as a foursome on the island of horn at the heart of. his life on an isolated farm is about blue sky green grass and his horses what they're sometimes it gets lonely here but horses have become part of me no i've fallen off so many times sometimes big bites as well it's part of my everyday life. been home to a rats local just laugh for centuries most still live off the land cattle and fish. by coal is often called the pearl of siberia i know corn is said to be the pearl of by. it's all end of fake forests. and vast staps. virtually undiscovered by tourists until some twenty years ago i was cornish quickly becoming a magnet for nature lovers and fuel c
recorded a bit earlier people are talking to us now we've got more on what's ahead for america after the break plus the plan for a round two is repairs to change president suspects story over the next year as well as in and they said right here on our team from moscow live in our new studio stay with us. if you just saw often enough and knows that to ride a horse you've got to catch it first. for him it's a daily routine that you're soft as a foursome on the island of horn at the heart of. his...
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bank of america has given us barely anything right now. >> those are all quite valuable. i think rotating out of bac going into a financial other type but equal quality, so to speak, makes a lot of sense. but i think as it goes, the dow herery here or the implication of buying the dogs of the dow is not going to work presumptively in 2013. >> and you agree, too, jeff, huh? >> absolutely with hpq. listen. carter said it. they're in a dying business. and the businesses that they're in, they're not leading. if you're not leading, that's a recipe for underperforming. >> let me ask you both very quickly. last year if we were standing here, would either of you said that you thought b of a would have been the best performing dow this year? >> no way. >> jeff? >> absolutely not. >> your honor, i rest my case. happy new year, guys. >> happy new year, bill. >> thanks very much. >>> we're still sitting up by nearly 100 points on the dow. president obama earlier on today saying it does appear a deal on the fiscal cliff is nearing. it is within sight. obviously a bit of work still to
bank of america has given us barely anything right now. >> those are all quite valuable. i think rotating out of bac going into a financial other type but equal quality, so to speak, makes a lot of sense. but i think as it goes, the dow herery here or the implication of buying the dogs of the dow is not going to work presumptively in 2013. >> and you agree, too, jeff, huh? >> absolutely with hpq. listen. carter said it. they're in a dying business. and the businesses that...
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in america it is different. but someone at some point will be responsible. it's to the good to think that our children have to pay price or grandchildren this is not helpful. and-- is one of the most prominent figures in russia, always was rite hand of putin. and looking at financial situation, looking 59 problems everywhere in russia, very steadily, very quietly without many, many interests, the situation became much better so country is not the healthiest in the world. but i feel somewhat healthier than many or maybe even healthier than most. freedom of press, i think in russia the complications are that press represents either public opinion but not always. or corporate interests, very often, very, very often. this is adventureous so it is around the world. corporate interests, very mighty powerful corporations macking huge money. they, i don't think they make it a secret but they have to put the interests first and big part of russian press will be somehow on their side. >> thank you for coming, pleasure to see you. >> my pleasure as always. >> rose: tha
in america it is different. but someone at some point will be responsible. it's to the good to think that our children have to pay price or grandchildren this is not helpful. and-- is one of the most prominent figures in russia, always was rite hand of putin. and looking at financial situation, looking 59 problems everywhere in russia, very steadily, very quietly without many, many interests, the situation became much better so country is not the healthiest in the world. but i feel somewhat...
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however, there still is quite a bit of upside in bank of america. it dropped tremendously over the last couple of years leading into last year. there's a lot of tax laws at the end of last year which drove it down to $5 a share. obviously this year anybody who's bought it in the last year has had some pretty good gains. this stock was $18 just a couple of years ago and can certainly get back into the mid to upper teens. what it needs to get through is a better capital markets environment, so we hope that all these people in washington are listening and let the market get back to normal business. it also needs to get through a lot of mortgage headaches, and there's still a lot of them out there -- liz: and, frankly, anton, regulatory overhang. >> exactly. liz: a lot of capital requirements, for example, which may squeeze margins. >> well, i think that's all sort of been out there. the banking industry is better capitalized than it's ever been in its entire history. most banks, one would argue, have too much capital. and, you're right, it does squeeze
however, there still is quite a bit of upside in bank of america. it dropped tremendously over the last couple of years leading into last year. there's a lot of tax laws at the end of last year which drove it down to $5 a share. obviously this year anybody who's bought it in the last year has had some pretty good gains. this stock was $18 just a couple of years ago and can certainly get back into the mid to upper teens. what it needs to get through is a better capital markets environment, so we...
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at r t but for our audience as well and they're writing actually i was going from here talking about america when it comes out of the minute let's have a look now at what it meant for our team behind the scenes in terms of the euro the euro crisis in two thousand and. it came to the point where if you walked into the studio you knew there was going to be a story about europe and austerity and protests and riots whether it would be spain or greece or even the u.k. and these were real people in real situations in very scary situations and our correspondents were out there in the midst of it all. so we actually we all sat so still it's over some type of square and i just see the camera around behind the camera everybody else around me putting just months on i was like he had to queue for moscow during the single life before i can say anything you get that horrible taste in your mouth and of course it's the tear gas that's become so synonymous with these demonstrations in greece along with the firing of molotov cocktails and clashes with the place the producers like to see their correspondents i
at r t but for our audience as well and they're writing actually i was going from here talking about america when it comes out of the minute let's have a look now at what it meant for our team behind the scenes in terms of the euro the euro crisis in two thousand and. it came to the point where if you walked into the studio you knew there was going to be a story about europe and austerity and protests and riots whether it would be spain or greece or even the u.k. and these were real people in...
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look at the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a camera and say that anything that they have to say is you keep this massive government rolling and you can make social interest influence a washington d.c. whore that when the cameras are on you know they're on the red team they're going out there saying it's the welfare folks as well that's the people on food stamps or the people in extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about their corporate interests and that this is why we can't come up with you but isn't it me is it when the cameras are off and it's time to pass a trillion dollar nearly trillion dollar cost defense bill they have no problem whatsoever coming to coming together and holding hands with that kind of a deal together i think ultimately the hammer is going to fall on the people of this country it is called austerity nobody in washington d.c. wants to own up to
look at the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a camera and say that anything that they have to say is you keep this massive government rolling and you can make social interest influence a washington d.c. whore that when the cameras are on you know they're on the red team they're going out there saying it's the welfare folks as well that's the people on food stamps or the...
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. -- top 2% income earners in america. i know the president says he wants to protect the middle class. fine. i am all for that. if you make $250,000 a year, he or not middle-class. your in the top two%. what have we forgotten? have we forgotten that the average income earners in america are making $40,000 a year? that is the real middle-class america and they are the ones getting hammered right now, hammered with housing costs, rental costs, heating bills come not going to school. they have no retirement. now they're talking about raising the retirement age. people work hard every day, women standing on their feet 30, 40 years. raise the retirement age on them? well, again, if we are going to have some kind of a deal, the deal has to benefit the middle class, the real middle-class, people making $30,000, $40,000, $60,000 a year. as i see this thing developing, quite frankly, as i have said before no deal is better than a bad deal in this looks like a very bad deal the way it is shaping up. i just went to make it clear. i a
. -- top 2% income earners in america. i know the president says he wants to protect the middle class. fine. i am all for that. if you make $250,000 a year, he or not middle-class. your in the top two%. what have we forgotten? have we forgotten that the average income earners in america are making $40,000 a year? that is the real middle-class america and they are the ones getting hammered right now, hammered with housing costs, rental costs, heating bills come not going to school. they have no...
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have left, we'll need cooperation on both sides to prevent taxes going up tomorrow for every family in america. i repeat, there's still some issues that need to be resolved before we can bring legislation to the floor. >> and the question is, when they bring that legislation to the floor, it is expected to pass in the senate side. what's going to happen over here on the house of representatives side of the capitol is the big question. will speaker boehner move it to the floor? if so, will it pass with democratic and republican votes? or will republicans block the measure? that will be the key drama for later this afternoon or later this evening or even tomorrow. no indications as of just yet as when the votes will actually happen, scott. >> aman, happy new year to you. see you on the other side. we are trading today's mark with josh and brian kelly. wise, we are probably going to get something done over the next 48 hours. the size is the question. what's the market going to look look on the other side of the holiday? >> well, to me that's dependent upon the deal. we are seeing some renax the m
have left, we'll need cooperation on both sides to prevent taxes going up tomorrow for every family in america. i repeat, there's still some issues that need to be resolved before we can bring legislation to the floor. >> and the question is, when they bring that legislation to the floor, it is expected to pass in the senate side. what's going to happen over here on the house of representatives side of the capitol is the big question. will speaker boehner move it to the floor? if so, will...
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that's the real middle class in america. as i see this thing developing, quite frankly as i've said before no deal is better than a bad deal, and this looks like a very bad deal the way it's shaping up. >> we want to bring in dana bash on capitol hill. when you think about it, both sides are not happy with what's taking place, at least what they're talking about. i know you have some new information on at least what the republicans are suggesting when it comes to those massive spending cuts, some kind of delay in the process. how would that work? >> reporter: well, this is according to democratic sources. i want to be clear. congressional democratic sources saying that republicans specifically mitch mcconnell who is the lead negotiator, what he is proposing is to delay that sequester, the spending cuts for three months, so 90 days. what democrats here on capitol hill want to do is delay it for at least a year. so there is a very interesting dynamic shaping up right now. this probably is a good illustration of that. you you m
that's the real middle class in america. as i see this thing developing, quite frankly as i've said before no deal is better than a bad deal, and this looks like a very bad deal the way it's shaping up. >> we want to bring in dana bash on capitol hill. when you think about it, both sides are not happy with what's taking place, at least what they're talking about. i know you have some new information on at least what the republicans are suggesting when it comes to those massive spending...
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shows father and me visit in jerusalem i was eight years old here i'm three years old for this is us in america. if i remember being credible with the arrival of a new comer here comes the girl nobody knows just be she going to call them father and mother like we do father says this goes name is he or she will stay with us i fly into a rage how come she's going to live with us and calls a mother and father. father nicholai knows perfectly well how to settle conflicts among the children women because of the way i talk to each of them separately and i tell them i understand where they're coming from i tell them i'm on their side and then the next child comes and i tell them the same and this way conflicts will settle themselves. the family focuses on raising the children that they have but some come on their own accord maria a distant relative of father nikolai asked to join his family. i came here when i was sixteen years old the other girls who are about the same age if we had been raised in the same family there would be no conflicts we simply didn't know each other i wasn't here for sixteen y
shows father and me visit in jerusalem i was eight years old here i'm three years old for this is us in america. if i remember being credible with the arrival of a new comer here comes the girl nobody knows just be she going to call them father and mother like we do father says this goes name is he or she will stay with us i fly into a rage how come she's going to live with us and calls a mother and father. father nicholai knows perfectly well how to settle conflicts among the children women...
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because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer one pill each morning. satisfaion guaranteed or your money back. jon: a brand-new report on the benghazi terror attack on the bipartisan congressional investigation is not only critical of the state department for failing to recognize and respond to security risks before four americans, including our ambassador to libya were killed. the report also finds fault with the pentagon and the white house. chief intelligence correspondent catherine herridge live with that from washington. is this report different from the one that the state department investigation group put out, catherine? >> reporter: it is, jon. thank you and good morning. this congressional investigation also faults the pentagon for having no effective evacuation plan and faults the white house including
because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer one pill each morning. satisfaion guaranteed or your money back. jon: a brand-new report on the benghazi terror attack on the bipartisan congressional investigation is not only critical of the state department for failing to recognize and respond to...
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in both europe and america -- with eugenics. in america a group was led by such people as margaret sanger, whose journal, the birth control review, endorsed her friends book, quote, the title is the rising tide of color, against white world supremacy. her into this negro project use black ministers, including adam clayton powell to promote birth control. but the effort in england, germany and the united states to melt public health and eugenics rampart deeper. rather, they found their way into international and state policy with support from groups such as the national committee for mental hygiene, urging sterilization as a newcomer to quote prevent this class of persons from propagating, unquote. germany use venereal disease law to enlist doctors, greatly extending the power of the state into the private sphere kind producing a union with a medical profession that would be preferred rather easily in the third reich. in germany, one expert observe quote the more scientific a doctor's outlook was, the more politically naÏve he w
in both europe and america -- with eugenics. in america a group was led by such people as margaret sanger, whose journal, the birth control review, endorsed her friends book, quote, the title is the rising tide of color, against white world supremacy. her into this negro project use black ministers, including adam clayton powell to promote birth control. but the effort in england, germany and the united states to melt public health and eugenics rampart deeper. rather, they found their way into...
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i mean, else's the president of the united states of america. we are facing a fiscal crisis right now, an economic crisis, for heaven's sake. shouldn't we expect the president to go a long way towards dealing with this and leading us out of it? and i don't see it, frankly. >> i don't either. and i think his view, honest he isly, he just won an election and so he calls the shots and republicans should just follow along, even though republicans kept their majority in the house and there's a great deal of the country that does not support the way that obama would like to deal with this problem. stuart: look how it's been presented in the establishment media. president obama cutting short his holiday vacation, returning to washington trying to fix the fiscal mess. thank you very much, mr. president. mr. boehner, speaker boehner, oh, he finally gets the house back in session on sunday night. and then we have some democrats saying, why don't these republicans quit defending their millionaire pals. the way it's presented in the establishment media is h
i mean, else's the president of the united states of america. we are facing a fiscal crisis right now, an economic crisis, for heaven's sake. shouldn't we expect the president to go a long way towards dealing with this and leading us out of it? and i don't see it, frankly. >> i don't either. and i think his view, honest he isly, he just won an election and so he calls the shots and republicans should just follow along, even though republicans kept their majority in the house and there's a...
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that's if you break it down by every man, woman and child in america. that's the per capita fiscal cliff effect. but that effects a lot of people differently here. $26.2 million. that's the number of americans that will be caught by the amt, the alter naf tax system, unless congress comes up with a patch and that's part of the whole fiscal cliff effect. come on over here, we'll show you more. 2.1 million, that's the number of long term unemployed americans who will lose the extended benefits again if there's no fix to the fiscal cliff. $1,000, that's the amount that the average family will see a tax hike from the expiration of the payroll tax cuts. i would point out this is probably both away. both sides seem to be on board with undoing that temporary tax cut. 9% is the percent deutsche bank sees the unemployment rate up from the 7.8% where we are right now if we do go over the fiscal cliff. and then this number here, again, john harwood was talking about this, 8.2%, that's the across the board automatic cuts. fema, education, and of course state and lo
that's if you break it down by every man, woman and child in america. that's the per capita fiscal cliff effect. but that effects a lot of people differently here. $26.2 million. that's the number of americans that will be caught by the amt, the alter naf tax system, unless congress comes up with a patch and that's part of the whole fiscal cliff effect. come on over here, we'll show you more. 2.1 million, that's the number of long term unemployed americans who will lose the extended benefits...
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. >> america has faced great hardship before and each time we have risen to the challenge. >> the ultimate test is to move our society from where it is to where it has never been. >> join us as we explore today's most critical global issues. join us for great decisions. (instrumental music) >> great decisions is produced by the foreign policy association, inspiring america's to learn more about the world. sponsorship of great decisions is provided by credit suisse, eni, the hurford foundation and pricewaterhousecoopers llp. >> coming up next, sacred cow: defending america on a budget. (instrumental music) (marching music) >> the u.s. spent the last century fighting well-defined wars against well-heeled enemies. ♪ stop! >> duck and cover up under the table. first you duck and then you cover. >> but the fall of the berlin wall meant the collapse of the traditional enemy and the military struggled to find its purpose in this post soviet world. >> we have to understand the role that the united states has played since the end of the second world war and still plays today and that is as a prov
. >> america has faced great hardship before and each time we have risen to the challenge. >> the ultimate test is to move our society from where it is to where it has never been. >> join us as we explore today's most critical global issues. join us for great decisions. (instrumental music) >> great decisions is produced by the foreign policy association, inspiring america's to learn more about the world. sponsorship of great decisions is provided by credit suisse, eni,...
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his new book, "the littlest america." mr. chandrasekaran, when you talk about little america, what are you talking about? >> guest: i'm talking about this remarkable community that the americans built in the deserts of southern afghanistan. not in the last couple years, but six decades ago. back when, unknown to most of our countrymen, there were dozens and dozens of american engineers there. this was back in the '40s and '50s digging irrigation canals, helping to nation build in afghanistan. and the very same terrain that president obama's troop surge unfolded in over the past couple of years. in in my history of obama's surge, i actually start back in the 1940s and this remarkable period of american assistance to afghanistan, a period of great optimism when we built this town there that the afghans started to call little america complete with a co-ed high school swimming pool where boys and girls would swim together, a clubhouse where you could get a gin and tonic. it was a period of great promise for the americans and afgh
his new book, "the littlest america." mr. chandrasekaran, when you talk about little america, what are you talking about? >> guest: i'm talking about this remarkable community that the americans built in the deserts of southern afghanistan. not in the last couple years, but six decades ago. back when, unknown to most of our countrymen, there were dozens and dozens of american engineers there. this was back in the '40s and '50s digging irrigation canals, helping to nation build...
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confidence in america will be shaken. the financial markets may take fright. president obama believes it is time for the wealthiest americans to pay more in taxes. he has made that part of his negotiating position. he criticized republicans for resisting these tax increases. >> they said the biggest party is making sure we deal with the deficit and a serious way. the way they're beating is their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overriding unifying theme. >> the republican party argues it is ready to deal. it is the president and democrats were not. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest, frankly, their courage to close the deal. i want everyone to know i am willing to get this done. but i need a dance partner. >> if republicans and democrats don't join the dance soon, america will enter the new year and a state of heightened political and economic uncertainty. congress can choose to put a
confidence in america will be shaken. the financial markets may take fright. president obama believes it is time for the wealthiest americans to pay more in taxes. he has made that part of his negotiating position. he criticized republicans for resisting these tax increases. >> they said the biggest party is making sure we deal with the deficit and a serious way. the way they're beating is their only priority is making sure that tax breaks for the wealthiest americans are protected. that...
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you're not latina in america. >> i'm so iowa. there's a palace coup, and i'm here but only for today. my dear, do you stay up at night wondering how to make him giggle? >> i have many, many things up my sleeve, which i don't feel anderson needs to know about. >> it's like a wizard's sleeve. >> anderson, tell christine about the typical conversation we have the day before where you call me in my hotel and usually start with like, oh, and then you basically say what? >> i don't know what you're referring to. >> first of all, either you're scared of ryan seacrest pause you're saying, ryan seacrest called me. did he call you? what does he want? that's happened. >> what do you have up your sleeve this year? you can't swear. you've already taken off your clothes. one year you even threw stuff at the jonas brothers. we have a clip of you pelting these young men. listen. >> i'm glad you have that. >> let's throw stuff at the jonas brothers. they're frauds. >> you can't do that. you just threw something at the jonas brothers. >> yeah, i d
you're not latina in america. >> i'm so iowa. there's a palace coup, and i'm here but only for today. my dear, do you stay up at night wondering how to make him giggle? >> i have many, many things up my sleeve, which i don't feel anderson needs to know about. >> it's like a wizard's sleeve. >> anderson, tell christine about the typical conversation we have the day before where you call me in my hotel and usually start with like, oh, and then you basically say what?...
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markets need america's plunge off the fiscal cliff while the republicans and democrats go about how to pull the safety record. number of dead in the moscow plane crash rises to divert investigators begin the painstaking probe into the accident he revealed the tragic sequence of events. from painful austerity in europe and evil across the arab world to the rise of political awareness in russia some time and you page to twenty thirteen captures all the twists and turns of the outgoing year. around the world and around the clock this is r.t.m. kerry just the united states has all but begun its plunge off the fiscal cliff at least on the markets and with last minute talks between republicans and democrats falling apart yet again america could be in for a hard landing of wall street is in full retreat seeing five straight days of sun offs as product investors jump ship yesterday at six hundred billion dollars worth of tax hikes and federal cuts are slated to come into force in america and a deal to avert that is still nowhere in sight and was artie's going to take on reports the makings of
markets need america's plunge off the fiscal cliff while the republicans and democrats go about how to pull the safety record. number of dead in the moscow plane crash rises to divert investigators begin the painstaking probe into the accident he revealed the tragic sequence of events. from painful austerity in europe and evil across the arab world to the rise of political awareness in russia some time and you page to twenty thirteen captures all the twists and turns of the outgoing year....
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this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> good morning and welcome back to "squawk box." here on cnbc. you've got to lost that shot. i'm joe kernen. along with becky quick and andrew ross sorkin. back in we call it ec, englewood cliff, new jersey. i'm in washington with my friend, john harwood. i don't want to pretend there's no bengals, but we
this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global...
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because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. >>> i'm don lemon with a look at your headlines. hillary clinton will spend new year's eve in a new york city hospital with a blood clot. doctors admitted the secretary of state sunday after a medical exam. the clot is believed to be related to the concussion she suffered earlier this month. when she fainted from the effects of a stomach virus. doctors want to keep her and a close eye on her for 48 hours. the other big story tonight is the action or inaction on capitol hill. if lawmakers do not reach a fiscal cliff agreement, you could see your taxes skyrocket and deep spending cuts kick in on entitlements and tax increases. the major sticking points or entitlements and tax
because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. >>> i'm don lemon with a look at your headlines. hillary clinton will spend new year's eve in a new york city hospital with a blood clot. doctors...
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obviously, across america. we're focused mostly on the northeast, for sure, being in manhattan as we are. but we see strength in markets across -- not just across the united states, but also globally. and that kind of thing has gone to, i think, a level of education and interest that certainly has been burgeoning in america for the last ten or 15 years. now as markets become more sophisticated and get up to speeds with these levels of fine wine we're seeing that accelerate not just in the far east, but in emerging markets. >> and, chris, what are you popping open tonight? >> i think i'm going to have some roanarke champagne tonight. we're going to cheer a difficult end of the year in terms of what we want through regionally, but we're going to look forward to hopefully a fantastic year coming up. >> all right. he's staying traditional. chris adams is chairman and ceo of sharely lehman. thanks very much. >>> straight after the break, we take a look at whether chinese companies are helping iran break u.s. trade e
obviously, across america. we're focused mostly on the northeast, for sure, being in manhattan as we are. but we see strength in markets across -- not just across the united states, but also globally. and that kind of thing has gone to, i think, a level of education and interest that certainly has been burgeoning in america for the last ten or 15 years. now as markets become more sophisticated and get up to speeds with these levels of fine wine we're seeing that accelerate not just in the far...
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markets lead america's plunge off the fiscal cliff while the republicans and democrats heigl to pull the safety court. as the number of dead in the moscow plane crash rises to five and investigators speak in the painstaking process of being to be accident we take a step by step through the sequence of events. plus from painful a stereotype in europe and up people across the arab world to the rise of political awareness in russia as the world turns a new page to two thousand and thirteen our t.v. captures all the twists and turns of the outgoing year. and i welcome thanks for watching this is r.t. coming to you live from moscow. the united states has all but begun its plunge off the fiscal cliff at least on the marquee sun with last minute talks between republicans and democrats falling apart yet again america could be in for a hard landing wall street is in full retreat saying five straight days of selloffs is panicky investors jump ship or knees day six hundred billion dollars worth of tax hikes and federal cuts are slated to come into force in america and a deal to avert that is st
markets lead america's plunge off the fiscal cliff while the republicans and democrats heigl to pull the safety court. as the number of dead in the moscow plane crash rises to five and investigators speak in the painstaking process of being to be accident we take a step by step through the sequence of events. plus from painful a stereotype in europe and up people across the arab world to the rise of political awareness in russia as the world turns a new page to two thousand and thirteen our...
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>> three-banded armadillo. 11 banded, nine banded, and people eat the armadillo, but in south america, they cook it like a taco. when you're there with the natives, people live there, they'll cook it like this, but he's the only armadillo in the world, not even anent can pen straight that. >> it's amazing. >> touch it, see how hard it is. you won't believe this, only animal in the world to carry leprosy. >> now you tell me! >> that is the old days, i hope. >> what do you mean, you hope? if you just gave me leprosy -- we're going to fall out, jack. >> look it up when you go back to your room. >> i believe you. i'd rather you tell me before i touched him. >> i forgot to tell you, i usually tell people before they touch it, some people don't want to touch it. look at this here. go ahead, buddy, go ahead. >> we need to take a break while i have a leprosy test. >>> next, animal responsible for the worst bite of jack's life, can you guess what it is? we'll find out after the break. first, another of jack's close encounters, you'll be surprised to hear, lions. >> got one of the males there.
>> three-banded armadillo. 11 banded, nine banded, and people eat the armadillo, but in south america, they cook it like a taco. when you're there with the natives, people live there, they'll cook it like this, but he's the only armadillo in the world, not even anent can pen straight that. >> it's amazing. >> touch it, see how hard it is. you won't believe this, only animal in the world to carry leprosy. >> now you tell me! >> that is the old days, i hope. >>...
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the guy is the head of the cia, the top spy in america, and he can't keep an affair secret. i think there's some human quality in there, and some humor at the same time. it's remarkable to me. it's men in power, thinking they can get away with it, bill clinton, john edwards, newt gingrich. one after the other. men in power think they live by different rules, that's why he deserves to be top of the chart. >> let's turn to the royal family. even the royal family couldn't escape the list. >> well, absolutely not. and in this case, though, prince harry, the kid's had trouble after trouble. if you invite a bunch of people to your room, get drunk and play strip poker, allow them to take pictures you're going to be in the press. he's a horrible prince harry in that regard. the duchess unfortunately for her, had some expectations of privacy, she was alone on a french villa. they used long lenses to take pictures of her. that's why he deserves to be in the media, she doesn't. >> is it a double standard, because he's a guy. everyone said, you know what, they kind of brushed it off a l
the guy is the head of the cia, the top spy in america, and he can't keep an affair secret. i think there's some human quality in there, and some humor at the same time. it's remarkable to me. it's men in power, thinking they can get away with it, bill clinton, john edwards, newt gingrich. one after the other. men in power think they live by different rules, that's why he deserves to be top of the chart. >> let's turn to the royal family. even the royal family couldn't escape the list....
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america wants uso get it done. the president has shown he is willing to be flexible. he's come out with some ideas that i have to swallow very, very hard on to -- to accept. he is willing. i know how personally strongly he feels that $250,000 should be where we draw the line in terms of tax breaks, but he was willing to offer $400,000. he was willing to look at changing some of our programs. very tough for him to do. but he's willing to do it, even though he ran on his program and won by millions of votes on his program. so i the presidentan be flexible and say, okay, i'll step back from everything i really want to do and move in the direction of the republica republicans, then the republicans need to move in our direction. and i think we're going to be judged by whether we are going to be stuck in the mud because we just don't have the courage to -- to change or whether we step forward at this moment. and i think it should be this moment. and if we can't get it done, i certainly hope we'll have an up-or-downoton the president's plan which i feel was very, very fair.
america wants uso get it done. the president has shown he is willing to be flexible. he's come out with some ideas that i have to swallow very, very hard on to -- to accept. he is willing. i know how personally strongly he feels that $250,000 should be where we draw the line in terms of tax breaks, but he was willing to offer $400,000. he was willing to look at changing some of our programs. very tough for him to do. but he's willing to do it, even though he ran on his program and won by...